14216 Calvert Street, Van Nuys, CA 91401
Local realty services provided by:ERA North Orange County Real Estate
14216 Calvert Street,Van Nuys, CA 91401
$1,150,000
- 8 Beds
- 7 Baths
- 5,060 sq. ft.
- Multi-family
- Active
Listed by:kelly morgan
Office:houze real estate management
MLS#:25545333
Source:CRMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$227.27
About this home
*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. *ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.
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Home facts
- Year built:1957
- Listing ID #:25545333
- Added:124 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Living area:5,060 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1957
- Building area:5,060 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$227.27
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